Pines Wealth Management LLC acquired a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,957 shares of the conglomerate's stock, valued at approximately $645,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Absher Wealth Management LLC boosted its position in Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate's stock worth $413,000 after purchasing an additional 49 shares in the last quarter. ZRC Wealth Management LLC lifted its stake in shares of Honeywell International by 11.6% in the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate's stock valued at $99,000 after purchasing an additional 50 shares during the period. CFM Wealth Partners LLC boosted its holdings in Honeywell International by 4.0% during the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate's stock worth $264,000 after buying an additional 50 shares in the last quarter. Jacobsen Capital Management grew its position in Honeywell International by 5.2% during the third quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate's stock valued at $209,000 after buying an additional 50 shares during the period. Finally, Mengis Capital Management Inc. increased its holdings in Honeywell International by 0.4% in the third quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate's stock valued at $2,517,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.
Honeywell International Trading Up 0.5 %
Honeywell International stock traded up $1.04 during trading on Wednesday, reaching $219.54. 4,645,262 shares of the company were exchanged, compared to its average volume of 3,561,897. The stock's 50 day simple moving average is $226.83 and its two-hundred day simple moving average is $214.27. The company has a market capitalization of $142.76 billion, a P/E ratio of 25.35, a PEG ratio of 2.85 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. Citigroup dropped their target price on Honeywell International from $268.00 to $266.00 and set a "buy" rating on the stock in a research report on Monday. Bank of America boosted their price objective on Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a research report on Thursday, November 14th. Hsbc Global Res upgraded Honeywell International to a "strong-buy" rating in a research report on Wednesday, December 11th. StockNews.com lowered shares of Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Honeywell International from $233.00 to $231.00 and set a "neutral" rating on the stock in a report on Wednesday. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $247.93.
Check Out Our Latest Stock Report on Honeywell International
Honeywell International Profile
(
Free Report)
Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.
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